Domino's Pizza Enterprises Limited · ASX:DMP
Domino's Pizza Enterprises — Shareholder Meeting (March 2016)
38 slides from Domino's Pizza Enterprises's shareholder meeting presentation, Mar 30, 2016
Slide 1: Annual General Meeting: Chairman's Address
ANNUAL GENERAL MEETING Chairman’s Address PRESENTED BY ROSS ADLER ////////////////////////////////////////////////////////// 1
Slide 2: Financial Highlights
FINANCIAL HIGHLIGHTS • NPAT up 16.0% to $17.8m, rolling previous 2 years of 30% growth pa; NPAT CAGR FY07-10 is 25.1% • The year’s profit was generated from Total Network Sales of $694.3 million, an increase of 2.7% on the previous year – Network sales growth up 5.6% in ANZ and up 14.3% in DMP Europ
Slide 3: Key Highlights
KEY HIGHLIGHTS • Strong balance sheet with low gearing levels allowed the business to continue to reinvest in growth • Investment: – New Dutch Commissary – Digital media to drive more ordering capabilities – Refurbishment and upgrade of stores • Belgium acquisition – 15-store pizza chain “A Pizza Co
Slide 4: Dividends
DIVIDENDS • Final fully-franked dividend 11.8 cents, including special dividend of 3.4 cents • Total full year dividend to 17.8 cents per share PRESENTED BY ROSS ADLER ////////////////////////////////////////////////////////// 4
Slide 5: Australia and New Zealand
AUSTRALIA AND NEW ZEALAND • SSS growth in Australia/NZ +3.23%, rolling over record year in FY09 following new menu launch • Continued image upgrade for stores • Successful launch of the new Domino’s iPhone App in November 09 exceeded all expectations 5
Slide 6: Europe
EUROPE • Core operating profits up 43.7% (like for like vs FY09 – royalty equalised) • Addition of 41 new stores in FY10 including the acquisition of Pizza Company in Belgium • Total network sales up 14.3% (constant currency) on FY09 • SSS recovered strongly in H2 +3.68% to finish the full year +1.7
Slide 7: Looking Forward
LOOKING FORWARD • Key focus areas have been highlighted to help deliver growth in all five countries • This includes operations, store count growth, menu focus and advancing in new technologies • Continue our investment in new platforms including stores, logistics and digital media • Board and manag
Slide 8: Speech notes: financial results and key highlights
These reported sales and revenue were impacted by the stronger Australian Dollar. Domino’s Pizza also had solid EBITDA growth of 15.1% to $32.5m for the 2010 Financial Year. As a result of three years of strong earnings and a solid balance sheet Domino’s has further reduced its Net Debt by $5.9 mill
Slide 9: Speech notes: dividends and ANZ
(SLIDE FOUR) Dividends As a result of its strong NPAT, Domino’s paid shareholders a final dividend of 11.8 cents per share, including a one-off special dividend of 3.4 cents per share. This brought the total dividend for the Financial Year 2009-10 to 17.8 cents per share, representing a 43.5% increa
Slide 10: Speech notes: digital and Europe
We also opened the first Domino’s store to have the makeline at the front of the store, bringing the pizza making process directly in front of the customer. Our presence in the digital world was also significantly enhanced with the successful launch of the Domino’s iPhone App in November 2009, which
Slide 11: Speech notes: looking forward and thanks
These areas include key operational initiatives, store count growth strategies, greater menu improvements and advancement in new technologies. Overall, a focus on being the customer’s champion remains at the core of everything we do. The Domino’s Board and senior management will continue to work clo
Slide 12: Chairman's Address speech notes
Domino’s Pizza Enterprises Ltd AGM 2010 Chairman’s Address 3 November 2010 (SLIDE ONE) Good afternoon, The 2010 Financial Year was a successful year for Domino’s Pizza with positive results across both the Australia/New Zealand and European markets. The results posted during the 12 months to 4 July
Slide 13: Annual General Meeting: CEO/MD Address
ANNUAL GENERAL MEETING CEO/MD Address PRESENTED BY DON MEIJ ////////////////////////////////////////////////////////// 8
Slide 14: Focus Areas
FOCUS AREAS • Operational performance • Current trading • Digital success • The year ahead 9
Slide 15: Operational Success
OPERATIONAL SUCCESS • French CEO has returned to Australia as COO to spearhead the focus on improving our operations • We have stepped up our focus on Operations which is driving better product and service • Reimaging of older stores is a priority and we are seeing this take place across all markets
Slide 16: Store Growth
STORE GROWTH • Added 54 new stores across our five countries including 41 in Europe and 13 in ANZ • Today, our Group store count = 833 • We expect to add 50 – 60 new stores to the network by June 2011 • So far we have opened 10 new stores this Financial Year (2 in ANZ and 8 in Europe) 11
Slide 17: Domino's Digital Success
DOMINO’S DIGITAL SUCCESS • Domino’s iPhone App continues to impress with over 350,000 downloads and an increasing number of orders placed each week • FY11 sees us continue to invest in our online platforms and applications to ensure our customers continue to have the ability to order wherever and wh
Slide 18: Current Trading
CURRENT TRADING • Group Same Store Sales up 7.83% (Jul - Oct 2010) – ANZ SSS (Jul - Oct 2010) are up 9.35% – Europe SSS (Jul - Oct 2010) are up 4.21% • Australian sales have been very strong over the last 4 months following the relaunch of the Traditional range lead by the Supreme and more recently
Slide 19: The Year Ahead – Confirming Guidance
THE YEAR AHEAD – CONFIRMING GUIDANCE • First four months of trade has been strong, but Domino’s remains cautious about the future • Strong top line sales have helped offset strengthening AUD when translating overseas income streams Reiterating Guidance for Full Year 2010-11: • EBITDA growth between
Slide 20: The Year Ahead - ANZ
THE YEAR AHEAD - ANZ • Improving operations and reinvigorating our stores for our customers • Projects which have been implemented over the past 4 months will deliver further value moving forward • Service initiative project will build momentum in the second half of FY11 • Our internal IT infrastruc
Slide 21: The Year Ahead – ANZ (cont)
THE YEAR AHEAD – ANZ (cont) • We have personalised our service through customer call backs • We are proud of our food and people that’s why we have moved the makeline to the front of the store and opened up our kitchens 16
Slide 22: The Year Ahead – ANZ (cont)
THE YEAR AHEAD – ANZ (cont) • Our aggressive focus on Local Store Marketing will give us a competitive edge • Menus – Looking to continue our investment in the platforms from the last 2 years – Improving quality and taste – Keeping a focus on Good Choice Range, investment in our 3 tier pizza menu –
Slide 23: The Year Ahead – Digital
THE YEAR AHEAD – DIGITAL • Digital milestones: – New online ordering system for New Zealand recently launched • Includes an improved accessible site for vision impaired people • Will provide faster, more reliable ordering for customers • Gives us a flexible platform to deliver more features in the f
Slide 24: The Year Ahead - Europe
THE YEAR AHEAD - EUROPE • Focus is on execution of scale – growing our like for like sales and store count in all three countries • Western Europe is the largest market for pizza consumption – worth US$65bn per year (UBS Research Paper July 2010) • Strong brand presence – Domino’s is now the most re
Slide 25: Looking Forward – Europe (cont)
LOOKING FORWARD – EUROPE (cont) • Menu innovation – taking the learning from ANZ to Europe – The Supreme launch (better toppings at a great price) idea has been developed for The Netherlands in a BBQ Mixed Grill pizza with great success – A similar promotion is being developed for France and will ro
Slide 26: Looking Forward – Europe (cont)
LOOKING FORWARD – EUROPE (cont) • Increasing our corporate store count in The Netherlands – Great success in exceeding Franchise Same Store Sales • Increasing our European Store Development Team to progress with more store openings in 2012 • Increasing our eat-in Quick Service Restaurant stores – Mo
Slide 27: Conclusion
CONCLUSION • Opening between 50-60 new stores in FY11 • Affirming FY11 Guidance – NPAT growth of 10%-15% • We have experienced strong earning during the first four months of 2010- 11 Financial Year with sales ahead of expectations • Domino’s Pizza is cautious but optimistic about the remaining 8 mon
Slide 28: Managing Director's Address speech notes
Domino’s Pizza Enterprises Ltd AGM 2010 Managing Director’s Address 3 November 2010 (SLIDE EIGHT) Thank you Mr Chairman. Ladies and Gentlemen, it’s my pleasure to address you once again as Managing Director of Domino’s Pizza Enterprises Ltd. I’m immensely proud to share the successful results achiev
Slide 29: Speech notes: operational success
(SLIDE TEN) Operational Success We welcomed Andrew Rennie back to our Australian business in August and already we have seen tremendous improvement in focus on our store operations across the country. Early results indicate customers are rewarding us for the changes we are making in taking Domino’s
Slide 30: Speech notes: store growth and digital platform
(SLIDE ELEVEN) Store growth During the 2009 Financial Year Domino’s Pizza was thrilled to add 54 new stores to the Network, with 41 across our three European countries and 13 across Australia and New Zealand. As of today, we have already added 10 stores to the mix this financial year as we work towa
Slide 31: Speech notes: app downloads and current trading
more than 350,000 downloads. We are also seeing an increasing number of orders placed through the App each week. An important part of driving our online/digital business is making sure we reach out to people when they are in the digital space. Online banner advertising has increased for us and with
Slide 32: Speech notes: Square Puff and guidance
Following shortly after was the launch of our Square Puff promotion, a product unique to Domino’s. The square pizza concept coupled with a flaky puff pastry crust gave our customer a whole new pizza experience. In addition, there is significant interest being shown from new franchisees to acquire bo
Slide 33: Speech notes: Year Ahead - ANZ
(SLIDE FIFTEEN) Year Ahead - ANZ We are confident our customers will see improvements and positive changes within our stores by the end of June 2011. Projects to improve our operations have been implemented over the past four months and we expect will provide us with some great results moving forwar
Slide 34: Speech notes: store design and local marketing
We take great pride in our people and our product, so by opening up our kitchens and being closer to the customer we are able to provide a better experience for everyone. Applecross in Western Australia was the first Domino’s store to display the makeline at the front of the store and since then we
Slide 35: Speech notes: mobile ordering and Europe
The update also included an improved accessibility site for vision impaired people. This new system also gives us greater flexibility to deliver more features in the future. This will also be rolled out in Australia within two weeks. Mobile Ordering With the success we have seen in our iPhone App, w
Slide 36: Speech notes: Year Ahead – Europe (continued)
(SLIDE TWENTY) Year Ahead – Europe (continued) We are excited to be able to share our learning between the two markets and we have seen some great results recently when we took key learning from Australia and implemented them in The Netherlands. The Supreme launch earlier in the year in Australia wa
Slide 37: Speech notes: eat-in stores and conclusion
The team is also responsible for the development of our new eat-in Quick Service Restaurant stores. These stores have a designated customer eating area with more table and chairs than traditionally seen in a Domino’s Pizza store. Insights into how customers eat and enjoy their pizzas have opened up
Slide 38: Closing remarks and thank you
I look forward to growing our business in both Australia and New Zealand and Europe and continuing our commitment to be the customer’s champion. Thank you. 11
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